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Fitch Rates Morgan Stanley Capital I Inc., Series 2007-XLF.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- Fitch rates Morgan Stanley To comply with Wikipedia's , the introduction of this article needs a complete rewrite.  Capital I Inc., series 2007-XLF, commercial mortgage pass-through certificates Pass-Through Certificates (PTCs) are instruments that evidence the ownership of two or more Equipment Trust Certificates. In other words, Equipment Trust Certificates may be bundled into a pass-through structure as a means of diversifying the asset pool and/or increasing the size  as follows:

--$835,000,000 Class A-1 'AAA';

--$229,729,000 Class A-2 'AAA';

--$41,211,000 Class B 'AA+';

--$41,211,000 Class C 'AA';

--$25,190,000 Class D 'AA-';

--$27,423,000 Class E 'A+';

--$26,264,000 Class F 'A';

--$26,563,000 Class G 'A-';

--$13,516,000 Class H 'BBB+';

--$20,593,000 Class J 'BBB';

--$20,593,000 Class K 'BBB';

--$21,139,294 Class L 'BBB-';

--$7,000,000 Class M-JPM 'BBB-';

--$6,000,000 Class M-HRO 'BBB';

--$3,000,000 Class M-STR 'BBB-';

--$3,000,000 Class M-MPK 'BBB-';

--$9,250,000 Class N-HRO 'BBB-';

--$2,750,000 Class N-STR 'BBB-';

--$2,500,000 Class N-MPK 'BBB-'.

All classes are privately placed pursuant to rule 144A Rule 144A

A Securities & Exchange Commission rule modifying a two-year holding period requirement on privately placed securities to permit qualified institutional buyers to trade these positions among themselves.
 of the Securities Act of 1933. With the exception of the Class M-JPM, Class M-HRO, Class M-STR, Class M-BRL, Class M-MPK, Class N-HRO, Class N-STR, and Class N-MPK certificates, which represent beneficial ownership interest in subordinate notes secured by trust assets, the certificates represent beneficial ownership interest in the trust, primary assets of which are two fixed rate loans and 13 floating rate loans having an aggregate principal balance of approximately $1,367,682,294, as of the cutoff date.

For a detailed description of Fitch's rating analysis, please see the report titled 'Morgan Stanley Capital I Inc., Series 2007-XLF', dated January 25, 2007 and available on the Fitch Ratings Fitch Ratings

An international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris.
 web site at www.fitchratings.com.

Fitch's rating definitions and the terms of use Terms of Use are rules set up by the owner of an intellectual property or service to govern how they may be legally used.

In many cases, terms of service are used as a contractual agreement between a company and users of a service they provide.
 of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental  are also available from the 'Code of Conduct' section of this site.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 15, 2007
Words:319
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